Restaurant Brands (QSR) Q1 revenue tops expectations as system-wide sales rise

Go back to Restaurant Brands (QSR) Q1 revenue tops expectations as system-wide sales rise

Restaurant Brands International (QSR) PT Raised to $90 at Deutsche Bank

May 2, 2024 6:16 AM EDT

Deutsche Bank analyst Lauren Silberman raised the price target on Restaurant Brands International (NYSE: QSR) to $90.00 (from $87.00) while maintaining a Buy rating.

The analyst comments "QSR delivered a solid 1Q print with strong top-line across segments, while EPS and EBITDA were largely in-line... More

Restaurant Brands International (QSR) PT Raised to $86 at Morgan Stanley

May 1, 2024 7:46 AM EDT

Morgan Stanley analyst John Glass raised the price target on Restaurant Brands International (NYSE: QSR) to $86.00 (from $85.00) while maintaining a Equalweight rating.

The analyst comments "A modest but relatively clean beat, broad based across segments on top and bottom line.... More

Restaurant Brands (QSR) Tops Q1 EPS by 1c

April 30, 2024 6:34 AM EDT

Restaurant Brands (NYSE: QSR) reported Q1 EPS of $0.73, $0.01 better than the analyst estimate of $0.72. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.7 billion.

For earnings history and earnings-related data on Restaurant Brands (QSR) click here.

... More

Burger King to invest $300M to modernize U.S. restaurants

April 30, 2024 6:28 AM EDT

Burger King Company LLC today announced an additional $300M investment to accelerate the modernization of Burger King® restaurants across the U.S. This comes after BK announced $250M in modern image, technology and new kitchen equipment ("Royal Reset") in September 2022 as part of its Reclaim the Flame plan, and a further $500M to accelerate the reimaging of more than 600 Carrols Restaurant Group ("Carrols") owned Burger King restaurants following the pending acquisition of Carrols.

The September 2022... More

Restaurant Brands International (QSR) PT Raised to $81 at Scotiabank

April 29, 2024 7:22 AM EDT

(Updated - April 29, 2024 7:22 AM EDT)

Scotiabank analyst George Doumet raised the price target on Restaurant Brands International (NYSE: QSR) to $81.00 (from $80.00) while maintaining a Sector Outperform rating.

The analyst commented: "QSR has been delivering solid home market performance,... More